Sunday, August 19

Reliance to stage major KZN multi-property sale

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Reliance Auctions is staging an important multi-property auction at the Durban Country Club at 11am on October 10.

Reliance Auctions is staging an important multi-property auction at the Durban Country Club at 11am on October 10.

Three of several properties to be sold are:

* Rita’s Guest House in Vryheid, pictured.

* Unitrans Motor dealership in Amanzimtoti.

* A Pietermaritzburg residential complex.

David Soutter, MD of Reliance Auctions, says Rita’s Guest House, at 207 Hlobane Street in Vryheid, is a popular lodge with 90% weekly occupancy. Located on a 5450m² plot, the guest house has 29 en-suite luxury rooms and conference facilities in regular use.

“The 1700m² guest house represents an exceptionally lucrative business opportunity.

“It is in excellent condition and only on auction because the owners are retiring,” says Soutter.

Nick Aliphon is handling this sale. Call him on 0827643381 or email nick@relianceauctions.co.za.

Unitrans Motors is situated in a busy central part of Amanzimtoti overlooking the N2 highway. The 1600m² property is leased to Unitrans until 2020, and there are strong indications the tenants will renew their occupancy, Soutter says.

“The property has a gross lettable area of nearly 1600m² and is in perfect condition.”

Blackie Swart has been entrusted with this sale. Call him on 0645095639 or email blackie@relianceauctions.co.za.

Finally, 58 Trelawney Road, a 5170m² residential complex on 2hectares of land in Fillan Park, Pietermaritzburg, will also be auctioned. The entire complex, comprising 36 four-bedroom simplex units and two community halls, will be sold.

The apartments are likely to prove popular with students at the nearby university and the proximity of Southgate Shopping Centre is another attraction.

For more details call Deon du Toit on 0769984396 or email deon@relianceauctions.co.za. – Auctions Writer

Sunday Tribune Auctions

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